Background*

Mr. Antonio F. Faría-Soto served as the President at Doral Money Inc., a subsidiary of Doral Bank. From 2003 to 2004, Mr. Faría-Soto served as the President and Chief Executive Officer of the Government Development Bank for Puerto Rico. He served with Banco Central Hispano and has more than 25 years of experience in Puerto Rico's banking industry. He served as the Chief Executive Officer of Doral Bank from 2005 to 2006. From 2002 to 2003, he served as the President of ... the Economic Development Bank of Puerto Rico and from 2001 to 2002 he served as Commissioner of the Office of Financial Institutions. He has been the Chairman of Doral Bank since November 30, 2005. He serves as a Director of Doral Bank. He has been an Independent Director of Triple-S Management Corporation since May 2007. Mr. Faría-Soto served as a Member of the Boards of the Public Buildings Authority, Government Employees Retirement System Administration, Puerto Rico Telephone Authority Holdings Corp., Puerto Rico Industrial Development Corp., Teacher's Retirement System, Ultracom and Convention Center District Administration. He served as ex-officio member and Chairman of the Boards of AFICA (infrastructure development financing vehicle for profit and non-profit organizations), the Economic Development Bank of Puerto Rico, the Tourism Development Fund, and the Children's Trust Fund. He serves as a Member of the Governor's Economic Development Council for the Government of Puerto Rico, and as Member ex-officio of FIDA and Promo Expo. Mr. Faría-Soto holds a BBA from the Catholic University of Puerto Rico and an MBA in Finance from the Inter American University of Puerto Rico.

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